Novartis is laying off 60 workers. These layoffs affect Tourmaline Bio. Novartis acquired this Flatiron-based biotech company eight months ago. The acquisition cost $1.4 billion. This action aligns with the Swiss dr-gmaker's ongoing headcount... — read more 

EY is reportedly laying off audit Staff 1s this week. The exact number of affected employees remains unclear. These layoffs are occurring near the end of EY's fiscal year. The firm hired over 2,300 audit professionals in fiscal 2025. EY recently... — read more 

JetBlue Airways is closing key operations at Newark Liberty International Airport and LaGuardia Airport. This decision aims to reduce costs for the airline. JetBlue will shift its focus to expanding services at Fort Lauderdale-Hollywood International... — read more 

Rackspace is implementing layoffs targeting legacy service delivery functions. The company's board approved this plan on June 10. These actions align with Rackspace's pivot towards AI. The company expects to realize $75 million to $85 million in... — read more 

Artlist, an Israeli creative technology company, plans to lay off approximately 200 employees. This reduction represents 40% of its 500-person workforce. The company attributes the layoffs to a strategic reorganization towards an AI-native operating... — read more 

BlackRock Inc. reduced its workforce by nearly 200 people. This reduction impacts less than one percent of its global staff. CEO Larry Fink prefers ongoing, smaller workforce adjustments. This represents the fourth reduction in staff over 18 months... — read more 

Senator James Skoufis and Assemblywoman Paula Elaine Kay secured state funding. This $4 million allocation prevents significant service cuts and job losses. The Town of Wallkill faced financial shortfalls due to fiscal irregularities. Approximately... — read more 

FanDuel recently laid off several hundred employees. This move impacts a few hundred people from its 5,000 total workforce. The company stated these changes strengthen its long-term strategy. Affected departments include business development... — read more 

Maria Aspan, a finance correspondent for NPR, was laid off. She spent two years covering Wall Street, the economy, and corporate power. Aspan joined NPR from Fortune magazine, where she was a senior features writer. Her career also includes reporting... — read more 

JPMorgan Chase is managing its workforce evolution in response to artificial intelligence. The bank plans to rely on natural attrition rather than implementing layoffs. CEO Jamie Dimon anticipates AI will eventually reduce the total number of jobs... — read more 

Pace Gallery recently cut 50 artists and laid off 50 staff members. This represents a 30% reduction in artists and 20% in employees. CEO Marc Glimcher described the move as a "model correction." He stated the current gallery model is "unfixable" and... — read more 

IAPE 1096 confirmed Dow Jones is reducing staff. Editors were asked to volunteer for layoffs in a department merger. This merger aims to cut ten editorial positions by August. Additionally, 28 union positions in Technology departments will be... — read more 

WGA East President Tom Fontana blasted recent actions at CBS News. He specifically cited "cruel and needless layoffs" and Scott Pelley's firing. The union also highlighted the shutdown of CBS News Radio. Fontana stated these moves demonstrate... — read more 

Monroe School Transportation Inc. will lay off nearly 200 workers. This follows a competitive bidding process for school transportation services. Transpo Bus Service secured the new contract, replacing Monroe. Transpo's co-owner is offering positions... — read more 

American Express employed 76,800 people globally as of December 31, 2025. This included approximately 29,500 workers in the US and 50,900 internationally. The company added 1,700 employees in 2025, a 2.3% increase. American Express did not announce... — read more 

Sports Illustrated conducted new layoffs on Friday. Around 10-15 people were affected by the staff reductions. Prominent writers like Mike Rosenberg, Greg Bishop, and Stephanie Apstein were among those cut. The outlet continues to face ongoing... — read more 

Future plc has proposed significant editorial staff changes. The company plans 45 redundancies across its technology titles. These affected brands include Tom's Guide and Techradar. However, Future plc is also creating 15 new roles. This... — read more 

The Royalton Park Avenue hotel is implementing layoffs. This action follows a period of debt struggles. The hotel had recently achieved some financial stability. Management is now attempting a strategic reboot. The layoffs are part of this new... — read more 

Wix is reducing its employee count by 20 percent. CEO Avishai Abrahami confirmed this decision. He cited the rapid evolution of artificial intelligence. Fluctuating international currency values also added pressure. The company aims for faster... — read more 

The Roman Catholic Diocese of Syracuse expects no layoffs or parish closures. This comes as the diocese emerges from bankruptcy proceedings. Many other dioceses have faced closures and staff reductions. The Syracuse diocese filed for bankruptcy in... — read more 

State Senator Michelle Hinchey proposed the AI Labor Information Act. This bill requires large New York employers to report AI-related job losses. Businesses with 50 or more employees would disclose positions replaced by AI. The proposal also tracks... — read more 

UPS closed the midnight shift at its 43rd Street hub in Manhattan. This action is part of the company's "Network of the Future" restructuring drive. Workers faced job elimination or difficult split-shift arrangements. UPS has eliminated 48,000 jobs... — read more 

The New School introduced a new buyout offer on May 15. This offer targets faculty members facing impending layoffs. It allows laid-off faculty to resign immediately for benefits. Benefits include salary, healthcare, and tuition waivers. The AAUP-TNS... — read more 

Watertown City Council adopted its new budget on Thursday. The approved spending plan includes an 8 percent property tax increase. This budget will result in three employee layoffs. Affected positions are a police records clerk, a library clerk, and... — read more 

Citibank disclosed over 300 layoffs at its Manhattan headquarters. These layoffs are part of broader ongoing job cuts. Citi announced plans in early 2024 to cut 20,000 employees through 2026. The New York Department of Labor posted details this week... — read more 

Deloitte recently conducted layoffs within its audit division. These reductions affected employees, including senior managers. The layoffs occurred shortly before annual bonuses were scheduled. Affected individuals reported the process felt... — read more 

The New York Fed reports AI is not the main cause of the current hiring slowdown. Elevated interest rates and past overhiring play a major role. The Fed's analysis shows broad labor weakness, not automation, explains the trend. Most firms adopting AI... — read more 

Voters in Central New York school districts are deciding on budgets. Many districts face increasing costs for health insurance, utilities, and transportation. State funding remains flat while enrollment is declining across the region. Several... — read more 

The Associated Press laid off 20 U.S.-based journalists on Friday. This action is part of a previously announced restructuring plan. The organization is shifting its focus from print to visual journalism and other revenue sources. These layoffs... — read more 

Business Insider announced new employee cuts. Jamie Heller announced the company's staff cuts. The Insider Union reported 10 staff members were impacted. Management aims to sharpen coverage and invest in key areas. This marks the fourth staff cut for... — read more 

Goldman Sachs is deploying generative AI to automate back-office tasks. President John Waldron stated this initiative will not cause mass layoffs. He expects the company's overall headcount to remain stable. Goldman Sachs Research estimates AI could... — read more 

Etain LLC's Chestertown ca--abis facility is closing. This will lead to 37 job losses. A WARN notice was filed with the Labor Department on May 5. All affected workers will lose their jobs in August. Etain is part of Fluent Corp., which Vireo Growth... — read more 

Kevin Hart's media company, Hartbeat, faces significant internal challenges. A recent report details layoffs, lawsuits, and executive shakeups. The company, once valued at $650 million, has downsized. Kevin Hart finalized a deal with Authentic Brands... — read more 

The Children's Institute will lay off 34 employees. This follows the University of Rochester's decision to end its leased employee relationship. A WARN notice was filed with the New York State Department of Labor. The layoffs are scheduled to begin... — read more 

Commerzbank announced plans to eliminate 3,000 positions. This move is part of its "Momentum 2030" strategy. The bank will invest Euro 600 million in artificial intelligence. These efforts aim to boost profitability and defend against a UniCredit... — read more 

Central New York cities face significant budget shortfalls. Auburn, Cortland, and Watertown are experiencing multi-million dollar deficits. These cities are considering layoffs, pay cuts, and service reductions. Rising health insurance, pension... — read more 

Armor-IIMAK will close its Amherst manufacturing plant. This action will lead to 199 job layoffs. Only just over 50 jobs will remain. The French company is consolidating its U.S. operations. A WARN notice was filed regarding these layoffs. Amherst... — read more 

McDermott Will & Schulte recently conducted layoffs. The firm separated from a small number of associates. These layoffs occurred across multiple practice areas. The firm stated it is aligning with shifting client needs. Layoffs reportedly extended... — read more 

Saks Global received approval for its reorganization plan. The U.S. Bankruptcy Court for the Southern District of Texas granted this approval. The retailer will lay off 16 percent of its corporate workforce. This reduction impacts approximately 640... — read more 

The Estée Lauder Companies increased its planned job cuts. It now plans to eliminate 9,000 to 10,000 positions. This is an increase from the earlier estimate of 5,800 to 7,000 roles. Over 70% of these additional cuts affect point-of-sale... — read more